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Visa V Debt-to-assets

Debt-to-assets at other companies

American Express logo
American ExpressAXP
0.2×0.0×
Mastercard logo
MastercardMA
0.4×0.0×
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
0.1×0.0×
U.S. Bancorp logo
U.S. BancorpUSB
0.1×0.0×
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
0.5×+0.2×
Corpay logo
CorpayCPAY
0.4×-0.1×

Other financials

Income statement

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Revenue$11.2B+17.1%
Operating income$7.2B+33.1%
Net income$6.0B+31.6%

Balance sheet

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Cash & equivalents$18.7B-2.3%
Total debt$25.5B+3.3%
Total equity$35.7B-6.2%
Total assets$95.0B+2.4%

Cash flow

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Operating cash flow$3.0B-35.9%
CapEx$383.0M+17.1%
Free cash flow$2.6B-39.9%

Valuation

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Market cap$628.3B-14.0%
Enterprise value$635.13B-13.7%
P/E28.3×-8.5×
P/S14.6×-4.8×

Profitability

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Operating margin61.1%-2.6pp
Net margin51.7%-1.2pp

Returns & leverage

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Return on equity60.3%+9.7pp
Debt / equity0.7×+0.1×
Current ratio1.1×0.0×

Where this comes from

Calculated from Visa’s reported figures.

Based on the most recent quarter.

The official record: Visa’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Visa's debt-to-assets?
Visa (V) reported debt-to-assets of 0.3× in Q1 2026.
How has Visa's debt-to-assets changed year-over-year?
Visa's debt-to-assets increased by 1.0% year-over-year, from 0.3× to 0.3×.
What is the long-term trend for Visa's debt-to-assets?
Over 4 years (2021 to 2025), Visa's debt-to-assets has grown at a 2.5% compound annual growth rate (CAGR), from 1× to 1.2×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.